On The Feds' Radar
A Pennsylvania contractor has acknowledged overcharging the government for millions worth of components for radar systems.
A USAToday story said that Herley Industries "gave federal auditors false information and withheld data about the cost of making some electronic components used in E-2C Hawkeye aircraft radar. They said the company admitted that the government was overcharged about $2.5 million on about $3.2 million in contracts."
This isn't a lot of money, of course, but I'm intrigued by a Herley press release from a few years ago. It said that Herley had acquired another company called Innovative Concepts of McLean.
That's not particularly noteworthy either, except for the fact that Innovative Concepts has received millions in earmarks from one of our hometown lawmakers, Rep. Jim Moran(D-Va.). It also has been represented by a lobbying firm that is deeply involved in defense and appropriations issues. That would be the PMA Group.
Who knows what it all means? For now, I just find it interesting. You?
By Robert O'Harrow |
May 7, 2008; 7:00 AM ET
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Posted by: Don Brown | May 7, 2008 9:31 PM
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$2.5 million on a $3.2 million contract(s) ? Yeah, I'd call that interesting. Are you sure they weren't trying to sell it to the FAA ? :)
Don Brown
http://gettheflick.blogspot.com/